Ascending Triangle on the Dow! It looks like the Dow is setting up to go higher here along with stocks and bond yields!
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Hey Traders, The Dow has broken out of its Ascending Triangle formation. I posted this idea on June 9th 2017 and this is an update to the original post regarding the Ascending Triangle formation. The Dow looks like it wants to head up to the 22,400-22,800 price level.. Although the markets are in rally mode, we MUST Hedge our positions to protect our downside risk!! Thanks Traders & I hope this was helpful.